PNWC's Government Contracting Update

Administration’s Plans to Cut Indirect Costs from Research Budgets | PNWC’s Government Contracting Update

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Earlier this month, PBS ran a story about the high cost of university research, noting specifically that indirect costs add appreciably to those costs. According to PBS, the President proposed a $7 billion budget cut for the National Institutes of Health (NIH) over the next 18 months while Tom Price, the President’s Secretary of Health and Human Services said that he may find those savings in indirect expenses that funds the purchase of lab equipment and paying the electric bills.

Source: PNWC’s Government Contracting Update: Administration’s Plans to Cut Indirect Costs from Research Budgets

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